Investors Trade N485.4 Billion Worth Of Equities In Q2 2022


Both local and foreign investors on the Nigerian Exchange Limited (NGX) traded N485.4billion worth of equities in the second quarter (Q2) of 2022.

This is an increase of 40.11% when compared to N346.43 billion traded in the first quarter (Q1) of 2022.

A data by the Exchange noted that the growth in value of equities market traded also reflected in volume as it gained 143.83% to 54.27 billion in Q2, 2022 from 22.26 billion reported in Q1 2022, while deals on the bourse rose by 8.5% to 320,778 in Q2 2022 from 295,533 reported by the NGX for Q1 2022.

Investors Trade N485.4 Billion Worth Of Equities In Q2 2022

The equities market segment of the NGX in 2022 has witnessed positive sentiment trading by investors’ participation in listed fundamental stocks, leading to the market capitalisation closing Q2 2022 at N27.94 trillion from N25.31 trillion it closed in Q1 2022.

Consequently, the NGX All-Share Index appreciated by 10.3% to 51,817.59 basis points in Q2 2022 from 46,965.48 basis points in Q1 2022.

The data disclosed that the value of Fixed Income traded rose by 38.7% to N1.01trillion in Q2 2022 from N728.9 billion reported in Q1 2022.

According to the data by the NGX, the volume of fixed income traded moved to 972, 206.00 in Q2 2022 from 688,564 reported in Q1 2022.

In addition, the market capitalisation of fixed income moved from N21.42 trillion in Q1 2021 to N22.23 trillion in Q2 2022.